At 08:32 AM 5/8/00 -0700, you wrote:
>Mayer, Thomas. 1999. Monetary Policy and the Great inflation in the United
>States: the Federal Reserve and the Failure of Macroeconomic policy,
>1965-1979 (Cheltenham, UK: Edward Elgar).viii Preface: "When starting out
>I thought that I would land up with a scathing criticism of the
>Federal Reserve. But in working my way through the material I began to
>understand why the Fed did what it did, and that the blame for the
>mistaken policies that it followed should be shared in large part by the
>academic economists whose writings encouraged these policies."
which academic economists is he referring to? monetarists? non-monetarists?
Jim Devine [EMAIL PROTECTED] & http://liberalarts.lmu.edu/~jdevine
